AGP Executive Report
Last update: 3 hours agoMining & Land Use: Nicaragua’s mining boom is widening fast, with Chinese-owned firms now holding exploitation rights over about 1.28 million hectares—around 10% of the country—through concessions that overlap Indigenous and Afro-descendant territories and protected areas, according to a new Fundación del Río atlas. New Concession Approvals: The Ortega-Murillo administration recently approved three gold mining concessions totaling 114,500 hectares for a Chinese-owned company, plus additional transfers that environmental groups say encroach on legally protected communal land. Remittances & Digital Payments: Zapp expanded money transfers via WhatsApp to Nicaragua (along with Guatemala, Honduras, and El Salvador), letting recipients choose bank deposit or cash pickup. Apparel Supply Chains: PDS Limited and Indonesia’s Busana Apparel Group announced a strategic partnership to expand manufacturing across Asia, Central America, and Europe—explicitly positioning Nicaragua among Busana’s footprint. Community Support Logistics: Wisconsin/Nicaragua Partners is preparing and shipping donated supplies to support 25 learning centers, including sewing machines, school materials, bicycles, and kitchenware.
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